Ripple Price Analysis: XRP/USD peeks back above the $0.188–level as bulls attempt a comeback

XRP/USD bulls come back into the market following two straight bearish days.
The MACD shows sustained bearish market momentum.

Rajarshi Mitra Independent Analyst

XRP/USD daily chart

XRP/USD bulls re-entered the market, following two straight bearish days. The price has recovered from $0.1871 to $0.1882 in the early hours of Saturday. The MACD shows sustain bearish market momentum, while the Elliott Oscillator has had three straight red sessions. All the indicators show that overall market sentiment is extremely bearish and further price drop could be expected.

Support and Resistance

XRP/USD has four strong resistance levels upfront at $0.19, $0.1932, SMA 20 and SMA 50. On the downside, there are healthy support levels at $0.1858 and $0.1816.

Key levels

XRP/USD

Overview
Today last price	0.1877
Today Daily Change	0.0006
Today Daily Change %	0.32
Today daily open	0.1871

Trends
Daily SMA20	0.1981
Daily SMA50	0.2021
Daily SMA100	0.1904
Daily SMA200	0.2116

Levels
Previous Daily High	0.19
Previous Daily Low	0.1865
Previous Weekly High	0.1988
Previous Weekly Low	0.1821
Previous Monthly High	0.2268
Previous Monthly Low	0.178
Daily Fibonacci 38.2%	0.1878
Daily Fibonacci 61.8%	0.1887
Daily Pivot Point S1	0.1857
Daily Pivot Point S2	0.1843
Daily Pivot Point S3	0.1822
Daily Pivot Point R1	0.1893
Daily Pivot Point R2	0.1914
Daily Pivot Point R3	0.1928

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.

XRP falls toward key support as macro uncertainty, weak momentum cap recovery

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.

Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.

Bitcoin pulls back as another golden cross fails to deliver

Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.

Ripple Price Analysis: XRP/USD peeks back above the $0.188–level as bulls attempt a comeback